Google Acquires AdMob – Future Of Mobile Advertising?

admob-googleGoogle announced today about its fresh acquicition of mobile advertising platform AdMob. Though mobile web browsing is still in its early stage, it’s expected that by 2013 mobile advertisement revenues will reach $3.1 billions. With adwords and adsense Google has already captured the web advertising and almost monopolized it. With the acquisition of AdMob, Google seems to be almost taking over the mobile advertising 5 years ahead from its competitors like Yahoo, AOL and others.

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